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Search indexed NASA NTRS and DOE OSTI research on propulsion, heat transfer, battery materials and energy systems. Follow report and document links to the original sources.

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At least 145 records · Page 8

Stochastic Continuous-time Flexibility Scheduling and Pricing in Wholesale Electricity Markets

Large-scale integration of intermittent renewable energy sources (RES) is calling for additional flexibility resources as well as more advanced modeling and optimization techniques to account for the increasing uncertainty and variability in power systems operation. As the RES integration gains momentum, the magnitude and frequency of their variations increase, which may trigger ramping scarcity events in real-time power systems operation. This necessitates revisiting the present definition of power systems flexibility and reserve services to reflect their robustness and adequacy towards sub-interval variations of the load and RES, as well as adjusting the operation models to accommodate the new reserve services. This project took a fundamental approach and aimed at developing continuous-time scheduling and pricing model that accurately models the continuous-time variations of load and RES and efficiently deploys the ramping capability of flexible resources to compensate the sources of variability and uncertainty in the market. In this regard, this project pursued the following goals: Developing stochastic multi-fidelity continuous-time optimization models for scheduling of energy storage (ES) systems and flexible loads in wholesale energy markets; Developing the theory and practices of continuous-time locational marginal pricing for valuating energy storage systems and flexible loads in wholesale energy markets; Developing function space solution approach to convert the proposed stochastic multi-fidelity continuous-time optimization models into tractable mixed-integer linear optimization models; and Defining flexibility reserve as a new type of reserve in markets that would enable ultimate participation of energy storage devices in provision of services to compensate the variability and uncertainty of RES in electricity markets. This project successfully completed all five major tasks defined in the SOPO, and produced 8 high-impact journal papers, 6 conference papers, 3 published U.S. patents, and one web-based software for continuous-time operation optimization of power systems. The application of the proposed flexibility reserve and the stochastic multi-fidelity continuous-time operation scheduling models would modify the forward commitment and schedule of generating units, ES devices and flexible loads, and would line up the resources in such a way that the composition of available resources is better prepared to respond to the sub-hourly variations of the load and renewable resources in real-time operation. Therefore, this project paves the way to sustainable, reliable, and economic integration of renewable energy resources in power system, supporting the progress towards reaching the national targets on energy independence. Even if the proposed models offers a radically different point of view as compared to existing models, it does not alter fundamentally the architecture of power systems operations, nor the complexity of the scheduling problem, so the integration of this project in power systems is extremely practical.

24 POWER TRANSMISSION AND DISTRIBUTION↗

Modeling and Optimizing Pumped Storage in a Multi-stage Large Scale Electricity Market under Portfolio Evolution

To leverage the fast-ramping capability of resources to provide great value to the grid, electricity system operators such as the Midcontinent Independent System Operator (MISO) continue to evolve their approaches for integrating energy storage resources, including pumpedstorage hydro (PSH), into the electricity markets. However, new challenges arise in modeling and optimizing these energy-limited resources across multiple market clearing processes and planning studies with uncertainties and imperfect information. For instance, current market practices of PSH owners specifying pumping/generating hours can result in sub-optimal generation dispatch. Letting grid operators optimize PSH with the consideration of multiple operating modes and energy limitation constraints can potentially bring economic benefits to both the system and the PSH owners. However, in multi-stage clearing process of electricity markets, utilizing the PSH flexibility to deal with realized uncertainties can cause deviation in the multi-stage scheduling processes. The resulting financial risks from the schedule deviation may not be acceptable to PSH owners. In addition, to effectively utilize this energy limited resource, the state of charge (SOC) constraints of PSH needs to be continuously optimized and the marginal cost of deviation need to reflect the expected cost to purchase or sell energy at future times to compensate for deviations. This project aims to develop a prototype enhanced PSH model and improved price signals in the multi-stage market clearing process with proper consideration of the unique characteristics of PSH, in order to better align underlying PSH capabilities with evolving grid needs, particularly including the needs for more frequent and larger cycling to manage variability and uncertainty from renewables.

24 POWER TRANSMISSION AND DISTRIBUTION↗

Assessing the New Home Market Opportunity: Case Study and Cost Modeling for Solar and Storage in 2030

Residential solar and storage markets are growing in the United States. With approximately 1 million new homes constructed every year, this represents a significant opportunity for solar and storage installations. Some homebuilders have begun to build new homes with solar and storage included as a standard offering. It is not clear how solar and storage is incorporated into the new construction process and at what cost. Further, it is unclear what barriers or opportunities exist to scale this model nationwide. To fill this gap in the literature, this research conducts a case study of Mandalay Homes' new solar and storage community in Arizona to gather lessons learned. From this foundation, we further generate a set of pathways to reduce install costs and expand solar and storage market penetration in this sector. To model existing and 2030 solar and storage costs, we use the National Renewable Energy Laboratory's (NREL's) bottom-up cost model. This modeling is further informed by 12 interviews conducted with new home builders, solar contractors, and other subject matter expert organizations. Our case study analysis generated three key considerations for other homebuilders including: 1. Educating local permitting, inspection, and in some cases utility officials on solar and storage products, designs, and code compliant building practices may be required. The need for education may decline as more local governments and utilities review and approve solar and storage projects. 2. Incorporating solar and storage systems into the homebuilding process can add complexity and related coordination challenges. This does not need to result in home construction delays, but can result in costly contractor "dry runs" to construction sites. 3. Deploying solar and storage at the time of new construction has significant economies of scale, which can improve the value proposition of the systems. The case study, extant literature, and interviews were used to model both existing and future solar and storage installation costs at time of new construction. Here, we find three key cost reduction opportunities relating to solar and battery storage hardware, customer acquisition, and overhead. If future contractors can maximize the cost reduction opportunities outlined here, residential new construction costs could decline by 8 - 25% by 2030, depending on the modeled scenario. Though we expect costs to decline through 2030, it is unclear which of these scenarios may ultimately appear. Interviewees further identified a variety of barriers across each cost category that could temper the savings shown here. At the same time, interviewees described several pathways to scale the new construction solar and storage market, beyond installation cost savings. Interviewees confirmed that changes in finance, rate design, resilience policies, deployment mandates, and DER aggregation could all support more market adoption than seen today. These findings suggest that there are significant opportunities to expand new construction markets and this research can serve as a baseline to assess progress in this segment through 2030.

14 SOLAR ENERGY↗

Distributed Wind Market Report: 2022 Edition

The U.S. Department of Energy’s (DOE’s) annual Distributed Wind Market Report analyzes distributed wind projects of all sizes to provide stakeholders with market statistics and analysis along with insights into market trends and characteristics. By providing a comprehensive overview of the distributed wind market, this report can help guide future investments and decisions by industry, utilities, federal and state agencies, and other interested parties. This report provides key information to help stakeholders understand and access market opportunities and inform distributed wind industry research and development needs.

17 WIND ENERGY↗

Portuguese Wood Pellets Market: Organization, Production and Consumption Analysis

Wood pellets are a form of energy that can be seen as an alternative to fossil fuels, thus contributing to the reduction of greenhouse gas emissions. In other words, wood pellets can be considered a solution contributing to the mitigation of climate change. The use of wood pellets has grown significantly in recent years, with different markets emerging, such as Portugal, both from production and consumption perspectives. The wood pellet industry in Portugal began its development about 15 years ago, with the companies installed in the country initially almost exclusively dedicated to the production of wood pellets for export to central and northern European markets. However, over the years, the domestic market, initially considered insignificant, began to develop; it recently reached a considerable consuming share of the national production. This study presents an analysis of the Portuguese wood pellet market using data collected on the sector, and specifically on producers and consumers. The information was gathered using surveys presented directly to consumers and producers and through interviews with other stakeholders in the sector. From the analysis of the information, it was possible to understand the market’s dynamics, its current evolution and its prospects for the upcoming years, since it can already be considered mature and consolidated.

Nunes, Leonel J. R. (ORCID:0000000154048163)↗

Improving Wind Power Market Value with Various Aspects of Diversification: Preprint

The wind generation share in many European bidding zones is already large enough to impact the market value of wind power and wind energy is getting less-than-average market price in day-ahead markets. As alternatives to investing in dedicated energy storage, there are two main ways to mitigate the decreasing market value trend, the first being different diversification measures (geographical spread, alternative wind turbine technologies, integration with solar), and the second being demand flexibility measures. Examples of these measures from some European and USA studies are given in this article, which stems from the international collaboration under IEA Wind TCP Tasks 25 and 53.

diversification↗

Market Structure Evaluation to Support the Clean Energy Transition

One can argue that wholesale electricity markets in the United States are a grand experiment with scarcely two decades of operational experience in their current form. A wide body of literature points out short comings of these markets function today, ranging from problems of missing money to negative prices for real-time electricity prices. The purpose of this report is to outline a framework by which energy policies and market structures can be evaluated to ascertain the impact these institutions have on electricity generators. The report describes an evaluated framework to compare energy policy then it discusses fundamental differences in regulated versus deregulated electricity markets. Then the report leverages these sections to describe assessment needs for quantifying aggregate impacts to generators.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗

Control co-design under uncertainty for offshore wind farms: Optimizing grid integration, energy storage, and market participation

Offshore wind farms (OWFs) are set to significantly contribute to global decarbonization efforts. Developers often use a sequential approach to optimize design variables and market participation for grid-integrated offshore wind farms. However, this method can lead to sub-optimal system performance, and uncertainties associated with renewable resources are often overlooked in decision-making. Here, this paper proposes a control co-design approach, optimizing design and control decisions for integrating OWFs into the power grid while considering energy market and primary frequency market participation. Additionally, we introduce optimal sizing solutions for energy storage systems deployed onshore to enhance revenue for OWF developers over time. This framework addresses uncertainties related to wind resources and energy prices. We analyze five U.S. west-coast offshore wind farm locations and potential interconnection points, as identified by the Bureau of Ocean Energy Management (BOEM). Results show that optimized control co-design solutions can increase market revenue by 3.2% and provide flexibility in managing wind resource uncertainties.

Control Co-design↗

Impacts of variable renewable energy on wholesale markets and generating assets in the United States: A review of expectations and evidence

Here, we synthesize available literature, data, and analysis on the degree to which growth in variable renewable energy (VRE) has impacted or might in the future impact bulk power system assets, pricing, and costs in the United States. Most studies of future scenarios indicate that VRE reduces wholesale energy prices and capacity factors of thermal generators. Traditional baseload generators are more exposed to these changing market conditions than low-capital cost and more flexible intermediate and peak-load generators. From analysis of historical data we find that VRE is already influencing the bulk power market through changes in temporal and geographic patterns areas with higher levels of VRE. The most significant observed impacts have concentrated in areas with significant VRE and/or nuclear generation along with limited transmission, with negative pricing also often occurring during periods with lower system-wide load. So far, however, VRE, has had a relatively modest impact on historical average annual wholesale prices across entire market regions, at least in comparison to other drivers. The reduction of natural gas prices is the primary contributor to the decline in wholesale prices since 2008. Similarly, VRE impacts on thermal plant retirements have been limited and there is little relationship between the location of recent retirements and VRE penetration levels. Finally, although impacts on wholesale prices have been modest so far, impacts of VRE on the electricity market will be more significant under higher VRE penetrations.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗

Multiscale geographically and temporally weighted regression (MGTWR): exploring the spatiotemporal heterogeneity of EV market adoption

As an innovative vehicle technology, electric vehicles are experiencing growing sales and have made significant inroads into the traditional automotive market in the United States and around the world. However, EV adoption rates vary significantly across space and over time, influenced by a complex interplay of socio-economic and infrastructural factors alongside federal and state policies. Here, this paper presents a comprehensive spatial–temporal investigation of EV market adoption within one city in the US, that of Chicago, utilizing Multiscale Geographically and Temporally Weighted Regression (MGTWR) alongside Multiscale Geographically Weighted Regression (MGWR). The aim is to unravel the spatial and temporal dynamics affecting EV adoption and to explore how the influence of various determinants of EV adoption, such as demographic factors and economic conditions, vary spatially. Moreover, by utilizing MGTWR, we provide insights into the evolution of these relationships over time, offering a predictive outlook on future EV market growth. Our findings, with an 86.6% prediction accuracy for EV market adoption, tailored policy measures to support accelerated EV adoption. Methodologically, this work advances MGWR frameworks by integrating temporal dynamics to examine nonstationary processes in spatially disaggregated contexts. These findings offer evidence–based guidance for policymakers, urban planners, and stakeholders in the automotive industry, supporting the transition toward a more sustainable and efficient transportation system.

EV Market Adoption↗

Limited increases in Arctic offshore oil and gas production with climate change and the implications for energy markets

Climate change impacts on sea ice thickness is opening access to offshore Arctic resources. The degree to which these resources are exploited will depend on sea-ice conditions, technology costs, international energy markets, and the regulatory environment. We use an integrated human-Earth system model, GCAM, to explore the effects of spatial–temporal patterns of sea-ice loss under climate change on future Arctic offshore oil and gas extraction, considering interactions with global energy markets and emission reduction scenarios. We find that under SSP5, a “fossil-fueled development” scenario, the effects of sea-ice loss are larger for Arctic offshore oil production than gas. Under SSP5, future extraction of Arctic offshore oil and gas through 2100 adds roughly 0.8–2.6 EJ/year to oil and gas markets but does not have large impacts on global oil and gas markets. Surprisingly, a low-carbon scenario results in greater Arctic offshore oil production to offset the more emissions-intensive unconventional oil production.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗

Transactive Implementation of Decentralized Electricity Market for Grid-Edge Systems

The electricity landscape is evolving towards more decentralized approaches due to the proliferation of distributed energy resources and the participation of increasingly smart consumers and producers (prosumers). Recent advances in information and communication technologies and smart metering, provides strategic opportunities for “prosumers” to reform their conventional energy practices towards more consumer-centric economies. From an operational perspective, managing power distribution networks is becoming more difficult with such active grid-edge systems providing limited to no visibility or control. Transactive Energy (TE) has been emerging as a key enabler towards effectively and efficiently integrating prosumers into competitive electricity markets. This work presents a transactive implementation of community-centric markets. A co-simulation framework is developed for evaluating the proposed market structure with high-fidelity models. Case studies on the IEEE-123 node test system demonstrate that community-centric transactive markets can enable communities of prosumers to operate collaboratively as grid-edge systems. The potential benefits of implementing community-centric TE systems are also illustrated.

transactive, microgrids, centralized market operat↗

2021 U.S. Geothermal Power Production and District Heating Market Report

This report, the 2021 U.S. Geothermal Power Production and District Heating Market Report, provides policymakers, regulators, developers, researchers, engineers, financiers, and other stakeholders with up-to-date information and data reflecting the 2019 geothermal power production and district heating markets, technologies, and trends in the United States. Analysis of the current state of the U.S. geothermal market and industry for both the power production and district heating sectors is presented, with consideration of developing power projects. Geothermal heat pumps, although a key technology in the wider use of geothermal resources, were considered outside the scope of this report. In addition, the report evaluates the impact of state and federal policy, presents current research on geothermal development, and describes future opportunities for the U.S. geothermal market and industry.

15 GEOTHERMAL ENERGY↗

Distributed Wind Market Report: 2022 Edition

The 2022 edition of the Distributed Wind Market Report provides stakeholders with statistics and analysis of the distributed wind market— which includes power from wind turbines installed near where the power will be used—along with insight into market trends and characteristics. The report analyzes distributed wind projects of all sizes and details the U.S. small wind market for the 2021 calendar year.

17 WIND ENERGY↗

Offshore Wind Market Report: 2023 Edition

The Offshore Wind Market Report: 2023 Edition provides detailed information on the U.S. and global offshore wind energy industries to inform policymakers, researchers, and analysts about technology, economic, and market trends. The scope of the report covers the status of over 293 global operating offshore wind energy projects as well as the broader global pipeline of projects in various stages of development through December 31, 2022. To provide up-to-date information and discussion on this emerging industry in the United States, this report tracks the significant U.S. domestic industry progress and events from January 1, 2022, through May 31, 2023. The U.S. offshore wind energy project development pipeline has reached a potential generating capacity of over 52 gigawatts, and the industry has seen strong support from state and federal governments (such as from the Inflation Reduction Act of 2022 and the announced Floating Offshore Wind Shot to reduce the cost of floating wind by 70%). There are contracts for over 17 gigawatts of the electricity from these offshore wind projects and state policies are in place to procure over 42 gigawatts by 2040. Although some projects are facing economic headwinds due to rising costs and higher interest rates (corresponding to project cost increases of 11% - 30% in 2022), there has still been significant investment in a domestic supply chain (including manufacturing facilities, new vessels, and upgraded or planned ports). Technologies continue to evolve as offshore wind turbines in the 15-megawatt class advance towards commercial production. Key offshore wind energy market indicators, such as commercial leasing, state energy planning targets, procurement policies, offtake agreements, and federal support for U.S. jobs and supply chain development, point toward sustained market growth when viewed together, but the macroeconomic hurdles facing the first generation of commercial projects could significantly stunt that growth.

17 WIND ENERGY↗

National Laboratory of the Rockies (NLR) 2025 U.S. Geothermal Market Report

The 2025 U.S. Geothermal Market Report updates and expands on the 2021 U.S. Geothermal Power Production and District Heating Market Report with the inclusion of geothermal heat pumps (GHPs) for both distributed and centralized heating and cooling applications. The report updates technology and cost trends in the geothermal power generation industry as well as an uptick in market activities, especially those of next-generation geothermal power technologies, including enhanced geothermal systems (EGS) and closed-loop geothermal (CLG). This report also tracks policy and market drivers that have influenced the direction and growth pace of the U.S. geothermal industry over the years, and especially since 2020.

15 GEOTHERMAL ENERGY↗

Relationships between Vehicle Pricing and Features: Data Driven Analysis of the Chinese Vehicle Market

A full-scale understanding of the dynamics of the Chinese vehicle market can benefit stakeholders with respect to rational decision-making and effective long-term investment. This study attempts to discover the common vehicle pricing patterns in the Chinese market by quantifying statistical correlations among critical vehicle features from intrinsic powertrain systems to extrinsic market positioning. The data samples involve almost all passenger vehicle models sold in 2013 to 2019. After comparing multiple statistical methodologies, a log-transformation variant of the multinomial linear regression model was found to be the best one, and the goodness of fit shows that this model can offer stable estimates, which were validated using 2019 market data. The insights achieved are: (1) The price and major performance features of SUVs/crossovers are similar to those of sedans; (2) If all other explicit features remain the same, the price of a Japanese midsize sedan is 62% higher than that of a Chinese midsize sedan, and European midsize vehicles have the highest prices overall. (3) The incremental price of fuel consumption varies by vehicle class and fuel economy. For example, from 30 to 50 MPG, the vehicle price increases by $119 for a Chinese brand sedan vehicle, by $69 for a Chinese brand SUV.

33 ADVANCED PROPULSION SYSTEMS↗

Implementing multi-settlement decentralized electricity market design for transactive communities with imperfect communication

Recent advances in information and communication technologies and smart metering, provides strategic opportunities for ``prosumers" to reform their conventional energy practices towards more consumer-centric economies. From an operational perspective, managing power distribution networks is becoming more difficult with such active grid-edge systems providing limited to no visibility or control. Transactive Energy (TE) has been emerging as a key enabler towards effectively and efficiently integrating prosumers into competitive electricity markets. This work presents a transactive implementation of community-centric markets. A co-simulation framework is developed for evaluating the proposed market structure with high-fidelity models. Case studies on the IEEE-123 node test system demonstrate that community-centric transactive markets can enable communities of prosumers to operate collaboratively as grid-edge systems. The potential benefits of implementing community-centric TE systems are also illustrated.

Mukherjee, Monish↗